On Monday 31st August 2020, Flipkart owned digital payment platform PhonePe stated that it will onboard kiranas on its 'PhonePe for Business' app, offering them end-to-end control of the payment process including instant payment confirmations, receipts, and reconciliations. PhonePe has over 230 million registered users and is accepted at over 11 million merchant outlets across … [Read more...]
Amazon Pay launches digital gold buying feature ‘Gold Vault’
Amazon has launched the latest feature with an option that allows customers to deal in digital gold. The name of the feature is "Gold Vault". This is the second major launch by Amazon in India this week and the third in 2020. Last week, Jeff Bezos led the company forayed into e-pharmacy with the launch of Amazon Pharmacy and initiated an online food delivery service in … [Read more...]
Dropped down digital payments during the outbreak of COVID-19
Infected cases are increased day by day around the whole world in the pandemic outbreak of COVID-19. Where corona-virus has been the impact on every sector in the economy while another side it has also affecting digital payment. As per the report of Razorpay (a financial technology platform) uses of digital payments are dropped 30% in the past few days during the lockdown. It … [Read more...]